3-bedroom house · PL15 8JW
For saleReduced £15k (−9.1%) on 9 SepListed 152 days
Opportunity summary
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About
Situation Located in an established residential area on the edge of Launceston town, approximately ½ a mile from Spar and Homeleigh Garden Centre.
Launceston offers a comprehensive range of amenities including supermarkets, doctors’, dentists’ and veterinary surgeries, together with educational facilities, numerous sporting clubs and a testing 18-hole golf course within ½ mile.
The vital A30 is less than 2 miles away and connects the Cathedral cities of Truro and Exeter.
At Exeter there is access to the M5 motorway network, mainline railway station serving London Paddington and an international airport.
Description A mid-terrace ex-local authority property, believed to have been built in the 1970’s. With some cosmetic improvement, the property would make a comfortable family home.
The accommodation is clearly illustrated on the floorplan and comprises: Part glazed entrance door with side casement opening into the hallway with stairs rising to the first floor, understairs recess and cloaks cupboard with louvre doors.
The kitchen/breakfast room has a range of base and wall mounted unit, inset 4 ring stainless steel hob with oven under, inset 1½ bowl stainless steel sink with mixer taps, space and plumbing for washing machine and space for undercounter fridge.
Window to rear aspect and door opening into the utility room with base and wall mounted units and consumer box. Glazed door with side casement opening onto rear garden.
From the kitchen door into the lounge with laminate floor, window to front aspect enjoying glorious views to Launceston Castle and surrounding countryside beyond.
First floor landing has access to the loft space and doors to all rooms including bedroom 1 with window to rear aspect with views over the rear garden and wardrobe recess.
Bedroom 2 window to front aspect with views towards Launceston Castle. Bedroom 3 window to rear aspect with views over rear garden.
The family bathroom has a panel enclosed bath with electric wall mounted shower, tiled shower recess, wash hand basin and airing cupboard with factory lagged hot water tank with fitted immersion.
Separate cloakroom with low flush WC.
Outside From the extensive tarmac communal parking area there is a path to the front garden which is laid mainly to lawn with concrete path and steps leading to front door.
The rear garden is laid mainly to lawn with well defined hedge and fence boundaries. There is a shared pathway with gate to a further communal parking area.
Services Mains water, electricity and drainage. Double glazed throughout. Electric night storage heating (we believe there is mains gas in the locality). Council tax band B.
Full EPC available on request. For Broadband connection and mobile coverage: Visit Ofcom website. Please note the Agents have not tested or inspected these services.
Viewings Strictly by prior appointment with the vendor’s appointed Agents, djr Estate Agents and Auctioneers
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 17, St. Marys Road, Launceston
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